CanAsia Energy (CVE:CEC) Stock Price Up 10.2% – Time to Buy?

CanAsia Energy Corp. (CVE:CECGet Free Report) rose 10.2% during mid-day trading on Friday . The company traded as high as C$0.33 and last traded at C$0.33. 210,673 shares were traded during trading, a decline of 7% from the average daily volume of 225,702 shares. The stock had previously closed at C$0.29.

CanAsia Energy Stock Performance

The stock’s 50 day moving average price is C$0.30 and its 200-day moving average price is C$0.16. The company has a market cap of C$36.66 million, a PE ratio of -10.83, a PEG ratio of 0.41 and a beta of 0.84.

CanAsia Energy Company Profile

(Get Free Report)

CanAsia Energy Corp. operates as a junior oil and gas oil company. The company was incorporated in 2022 and is based in Calgary, Canada.

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